HBD Payments in Sucre, Venezuela - Starting to Plateau?

in Hive Statistics11 months ago

November was not an especially strong month for the Hive Sucre HBD adoption project, the 13 week moving average is still mostly rising but at a slow pace.

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Weekly change charts are showing a slightly negative trend.

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It appears likely that the project has hit some kind of limitation on its growth. I cannot say for certain what the cause of that is, and perhaps people who are closer to the project will have better ideas. One possibility is that we just aren't managing to keep users around, which is true for Hive as a whole.

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Earlier in the year the number of active accounts with profile location data in Sucre was increasing, even relative to our overall Venezuelan userbase. That has dropped off in the last couple of months.

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I guess can't just go up constantly, but hope it'll stay stable for a while before going back at it.

Is Hive lacking a defined identity? In the sense that we see so many people leaving for reasons we can't even explain. Perhaps we need to be more concise on what we're trying to build.

I think most people are aware of reasons why people leave, the uncertainty is over how much each of these causes actually contribute to the problem and the hard part is organizing to prioritize and solve the biggest problems as a community.

I hope they are plateauing.

My impression from browsing posts is that there's a significant proportion of rich girls spending it on perfume and snacks.

Fair enough, use my Hive to build boreholes, THAT is fine, but not this!

Haven't seen much of that myself, we curate quite a lot of posts of the Hive Sucre community and we assist some onboarding and curation of those users too. Most what I've seen is people spending HBD for food and commodities while posting about it and other things.

Well thar's good to hear... it's possible my perusing isn't representative! I have seen a lot of mall posts though!

We're all different people with different interests we blog about I suppose, not everyone is doing something super interesting or have something valuable to share daily, it's the curators' job to curate accordingly which often is quite a letdown.

I feel you on that - it can be tough finding decent material to upvote!

Yes, malls that have stores that accept $HBD as a mean of exchange, isn't that great?

Thanks for your best wishes, they are inspiring! If the girls and Venezuelans overall were rich, we would be proving more HBD use cases which per se it's great.

Maybe they should start powering up and supporting their community.
Balloons with holes in them don't last long.